Annual Review and Remuneration Report

Annual Review and Remuneration Report

Through regular reporting we keep our stakeholders updated on the organisation's performance.

Our mission is to be recognised in key worldwide markets as the leading body that sets and enforces standards and offers access to the most sought after professional status in land, property and construction.

Annual Review

Our Annual Review for the 2016-17 business year provides an overall picture of the performance of our professional body from standards development and thought leadership, to our work to gain adoption of our standards and how they are being enforced.

During 2016-17 we continued with many of the themes of previous years – ensuring that our profession is recognised across markets, and our credentials are in demand as the global gold standard for our sector. We have continued to place much focus on diversity and inclusion, responsible investment, and low carbon. And we have further enhanced our status as a leading convenor for all the key players and stakeholders in the built environment sector.

The global economic and political context in which we operate has continued to provide a challenging and uncertain backdrop, against which the need for professionalism can only be greater, and we will strive to ensure it continues to be highly valued.

Remuneration Report 2016-17

At RICS, we act with integrity and champion the profession. This underpins how we will achieve our vision: to be recognised in key international markets as the leading body that develops and enforces professional standards, and offers access to the most sought-after professional status.

As such, we share information about compensation and reward in an honest and transparent manner. It’s important that our profession has an insight into how we operate, including how we reward and recognise our people for contributing to our successes.

Geraldine Kelly is the Chair of the Remuneration Committee, which is responsible for setting our overall policy on pay and reward.

RICS-qualified professionals and independent professionals sit on this committee and the policy is reviewed each year, using specialist insight on salary levels in the countries we operate in and taking into account how we are performing overall.